government accounts

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    IDFC First Bank Returns ₹583 Crore to Haryana Government

    IDFC First Bank Pays ₹583 Crore to Haryana Government After ₹590 Crore Fraud at Chandigarh Branch Bank Clears Principal and Interest Amid Ongoing Investigation New Delhi, February 24: IDFC First Bank has paid ₹583 crore to the relevant departments of the Haryana government, covering 100 percent...
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    IDFC First Bank Shares Hit 20% Lower Circuit After ₹590 Crore Haryana Government Fraud Disclosure

    IDFC First Bank Stock Crashes Following Fraud Revelation New Delhi, February 23: Shares of IDFC First Bank plunged by 20 percent on Monday after the lender disclosed a ₹590 crore fraud involving accounts linked to the Haryana government.The stock tumbled 19.99 percent to ₹66.85 on the BSE...
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    RBI Monitoring ₹590 Crore IDFC First Bank Fraud, Says No Systemic Risk: Governor Sanjay Malhotra

    RBI Assures Stability Amid IDFC First Bank Fraud Case New Delhi, February 23: The Reserve Bank of India has confirmed that it is closely monitoring developments surrounding the ₹590 crore fraud reported by IDFC First Bank, with Governor Sanjay Malhotra stating that there is no systemic issue...
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    AU Small Finance Bank Denies Wrongdoing After Haryana De-Empanels It Over Alleged Account Fraud

    New Delhi, February 23: AU Small Finance Bank has denied any wrongdoing in connection with the alleged fraudulent opening of accounts after the Haryana government de-empaneled it from undertaking government business in the state.In a circular issued by the finance department, the Haryana...
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    IDFC First Bank Reports ₹590 Crore Fraud at Chandigarh Branch Involving Haryana Government Accounts

    Four Officials Suspended as Bank Initiates Criminal and Forensic Action New Delhi, February 22: IDFC First Bank has disclosed a fraud amounting to ₹590 crore at its Chandigarh branch, involving accounts linked to the Haryana government. The bank confirmed on Sunday that four suspected officials...
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